about us

You have a vision for your business.We have a solution for your needs.

"success together"

About NewBank

NewBank is a state chartered commercial bank founded in Sep. 29, 2006 by a group of successful Korean-American local businessmen, community leaders and professionals. The bank currently operates five (5) full services retail branch locations, two (2) in New York and three (3) in New Jersey. Our business objective has been mainly focused on supporting small business owners by providing optimal financial solutions through understanding their needs. As a result, we were able to grow, and continue to grow, in part because of the trust that our local community business owners have placed on us.

Our Mission

NewBank, an independent community bank, is dedicated to providing products and services, which satisfy the needs of our customers, stimulating economic growth in our community, enhancing the shareholders’ value, and encouraging professional success for our employees.

NewBank’s mission is to be the leading local bank for small businesses and to achieve the reputation of providing the highest quality of financial solutions to our customers, so we can grow and achieve “success together.”

Our Belief

We take pride in our efforts to connect with the community under our core values of satisfaction, trust, community service and change. We find it very important to communicate with the locals and to be of service to those in need. We support and volunteer in many community events as part of our “Community Giving Back” program.

Our Achievements

We are a proud winner of the SBA Pinnacle Award, the highest award issued by the U.S. Small Business Administration, in New York the past six consecutive years for offering a beneficial selection of loan options to suit business needs. As a top SBA lender in New York, we are focused on providing the best financial support to local small businesses.

“Come be a part of the NewBank family and let us help you succeed. Take the leap with us and succeed together.”

Milestones

Sep. 2006

Opened 1st location in Flushing, NY with 14 employees

Mar. 2009

Opened 2nd location in Fort Lee, NJ

Aug. 2010

Opened 3rd location in Closter, NJ

Sep. 2013

Awarded New York SBA Pinnacle Award

Jun. 2014

Nominated as Top Performing Bank by ICBA

Sep. 2014

2-time SBA Pinnacle Award Winner

Sep. 2015

Opened 4th location in Manhattan, NY

Sep. 2015

3-time SBA Pinnacle Award Winner

Jun. 2016

Awarded the 2016 Banky Award by The Institute of Extraordinary Banking

OTHER PRODUCTS & SERVICES

NewBank’s ATM/Debit Cards have access to more than 32,000 surcharge-free ATMs worldwides

Accessibility Statement

NewBank is committed to making its website usable by all people. We are making every effort to meet the requirements of the Web Content Accessibility Guidelines 2.0 Level AA (WCAG 2.0 AA) and are now being recognized as the standard for international accessibility guidelines.

Please be advised however that our efforts are ongoing as we are continually implementing additional improvements. If you have specific questions or concerns about the accessibility of this site or need assistance in using the elements and processes found herein, please contact us at is@newbankusa.com. If you encounter an accessibility issue, please contact us and be sure to specify the web page and describe the nature of the issue. We will make all reasonable efforts to investigate the situation and provide a timely solution.